KARSTEN BELTOFT JØRGENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KARSTEN BELTOFT JØRGENSEN ApS
KARSTEN BELTOFT JØRGENSEN ApS (CVR number: 19365506) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -308.4 kDKK in 2024. The operating profit was -406.6 kDKK, while net earnings were 2653.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KARSTEN BELTOFT JØRGENSEN ApS's liquidity measured by quick ratio was 2.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 180.41 | - 226.09 | - 108.54 | - 104.32 | - 308.42 |
| EBIT | - 230.41 | - 286.64 | - 233.43 | - 191.75 | - 406.56 |
| Net earnings | 7 632.50 | 1 900.60 | -2 852.17 | 4 818.85 | 2 653.30 |
| Shareholders equity total | 39 204.23 | 41 104.82 | 38 252.66 | 43 071.51 | 43 724.81 |
| Balance sheet total (assets) | 47 557.72 | 45 587.26 | 41 566.66 | 45 124.89 | 56 783.40 |
| Net debt | -15 738.94 | -23 835.62 | -20 419.52 | -21 501.79 | -22 495.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.2 % | 6.2 % | 2.1 % | 12.5 % | 8.1 % |
| ROE | 21.6 % | 4.7 % | -7.2 % | 11.9 % | 6.1 % |
| ROI | 23.8 % | 7.1 % | 2.2 % | 12.9 % | 8.2 % |
| Economic value added (EVA) | -1 767.15 | -2 241.71 | -2 275.08 | -2 097.15 | -2 571.20 |
| Solvency | |||||
| Equity ratio | 82.4 % | 90.2 % | 92.0 % | 95.4 % | 77.0 % |
| Gearing | 1.1 % | 1.3 % | 3.5 % | 27.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.8 | 7.6 | 7.2 | 13.4 | 2.7 |
| Current ratio | 3.8 | 7.6 | 7.2 | 13.4 | 2.7 |
| Cash and cash equivalents | 16 160.60 | 23 835.62 | 20 898.90 | 23 006.53 | 34 431.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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